The comparative balance sheet of Merrick Equipment Co. for December 31, 20Y9 and 20Y8, is as follows:

		Dec. 31, 20Y9		Dec. 31, 20Y8
Assets
Cash		$274,910		$253,670
Accounts receivable (net)		99,590		91,110
Inventories		281,140		269,740
Investments		0		104,510
Land		144,200		0
Equipment		310,190		238,490
Accumulated depreciationequipment		(72,620)		(64,310)
	Total assets	$1,037,410		$893,210
Liabilities and Stockholders' Equity
Accounts payable		$187,770		$175,960
Accrued expenses payable		18,670		23,220
Dividends payable		10,370		8,040
Common stock, $10 par		56,020		43,770
Paid-in capital: Excess of issue price over par-common stock		210,590		121,480
Retained earnings		553,990		520,740
	Total liabilities and stockholders equity	$1,037,410		$893,210

Additional data obtained from an examination of the accounts in the ledger for 20Y9 are as follows:

1. Equipment and land were acquired for cash.
2. There were no disposals of equipment during the year.
3. The investments were sold for $94,060 cash.
4. The common stock was issued for cash.
5. There was a $75,230 credit to Retained Earnings for net income.
6. There was a $41,980 debit to Retained Earnings for cash dividends declared.

Required:

Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments.

Merrick Equipment Co.
Statement of Cash Flows
For the Year Ended December 31, 20Y9
Cash flows from operating activities:
	$
Adjustments to reconcile net income to net cash flow from operating activities:
Changes in current operating assets and liabilities:
Net cash flow from operating activities		$
Cash flows from (used for) investing activities:
	$
Net cash flow used for investing activities
Cash flows from (used for) financing activities:
Net cash flow from financing activities
		$
Cash at the beginning of the year
Cash at the end of the year		$